Salesforce Inc
CRMCompany Overview
Salesforce, Inc. engages in the design and development of cloud-based enterprise software for customer relationship management. Its solutions include sales force automation, customer service and support, marketing automation, digital commerce, community management, collaboration, industry-specific solutions, and salesforce platform. The firm also provides guidance, support, training, and advisory services. The company was founded by Marc Russell Benioff and Parker Harris in 1999 and is headquartered in San Francisco, CA.
Shariah Compliance Benchmarks:
- Business Compliance: Non-Shariah compliant revenue must be less than 5% of total revenue
- Liabilities Compliance: Interest-bearing debt must be less than 33% of market capitalization
This stock meets all Shariah compliance criteria according to AAOIFI standards.
Name | Salesforce Inc |
Ticker | CRM |
Main Business | Software - Application |
Type | Securities |
Industry | Software—Application |
Country | US |
Market Cap | $278.81 B |
Shariah Analysis Breakdown
Revenue Segment | Value ($M) | Non-Compliant ($M) | Reason |
---|---|---|---|
Sales - subscription and support | $8,322.0 | $0.0 | - |
Service - subscription and support | $9,054.0 | $0.0 | - |
Platform and Other | $7,247.0 | $0.0 | - |
Marketing and Commerce | $5,281.0 | $1,056.2 | Marketing |
Integration and Analytics | $5,775.0 | $0.0 | - |
Professional services and other | $2,216.0 | $0.0 | - |
Other income | $354.0 | $354.0 | interest income |
Total | $38,249.0 | $1,410.2 | 3.69% (passed) |
Liability Item | Value ($M) | % of Market Cap |
---|---|---|
current debt and capital lease obligation | $1,520,000,000.0 | 0.55% |
long term debt and capital lease obligation | $11,070,000,000.0 | 3.97% |
Total Interest-Bearing Debt | $12,590,000,000.0 | 4.52% |
Market Capitalization | $278,810,370,000.0 | 100.00% |
Compliance Status | Threshold: 33% | passed |